What is Barings Bdc Inc's earnings per share (EPS)?

Barings Bdc Inc (BBDC) reported diluted earnings per share of $1.12 for fiscal year 2025. This represents a -9.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Barings Bdc Inc Financials

BBDC

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Barings Bdc Inc (BBDC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BBDC FY2025 2026-05-07

Balance-sheet returns, not reported sales, drive this business, with rising leverage helping support a persistent shareholder payout.

From FY2023 to FY2025, operating cash flow rose from $77M to $161M even as net income moved lower. In FY2025, dividends paid exceeded net income; paired with debt-to-equity moving from 0.6x to 1.0x since FY2023, that says the payout is being supported more by realized cash and a heavier funding structure than by rising earnings.

Assets stayed broadly flat between FY2023 and FY2025, but debt-to-equity rose from 0.6x to 1.0x as long-term debt increased from $721M to $1.20B. Because equity also edged lower over that stretch, the balance sheet became more borrowed without a matching step-up in scale.

Overhead is very light relative to the balance sheet: selling and administrative expense was only $7.8M in FY2025 against total assets of $2.64B. That means ordinary cost cutting cannot do much of the heavy lifting; results are shaped mainly by balance-sheet returns and funding costs.

Financial Health Signals

Financial Profile 19/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Barings Bdc Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage

Barings Bdc Inc carries a low D/E ratio of 1.04, meaning only $1.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 81/100, indicating a strong balance sheet with room for future borrowing.

Returns

Barings Bdc Inc's ROE of 8.8% shows moderate profitability relative to equity, earning a score of 32/100. This is down from 9.3% the prior year.

Piotroski F-Score Neutral

4/9

Barings Bdc Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.

Earnings Quality Cash-Backed

1.58x

For every $1 of reported earnings, Barings Bdc Inc generates $1.58 in operating cash flow ($160.5M OCF vs $101.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

$101.9M

YoY-7.6%

5Y CAGR+65.6%

Barings Bdc Inc reported $101.9M in net income in fiscal year 2025. This represents a decrease of 7.6% from the prior year.

EPS (Diluted)

$1.12

YoY-9.7%

5Y CAGR+11.8%

Barings Bdc Inc earned $1.12 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 9.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$66.8M

YoY-26.9%

5Y CAGR-6.3%

Barings Bdc Inc held $66.8M in cash against $1.2B in long-term debt as of fiscal year 2025.

Dividends Per Share

$1.19

YoY+14.4%

5Y CAGR+12.9%

Barings Bdc Inc paid $1.19 per share in dividends in fiscal year 2025. This represents an increase of 14.4% from the prior year.

Shares Outstanding

105M

YoY-0.7%

5Y CAGR+9.9%

Barings Bdc Inc had 105M shares outstanding in fiscal year 2025. This represents a decrease of 0.7% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

8.8%

YoY-0.5pp

5Y CAGR+7.6pp

Barings Bdc Inc's ROE was 8.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$6.3M

YoY-1.4%

5Y CAGR-2.3%

Barings Bdc Inc spent $6.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 1.4% from the prior year.

Capital Expenditures

N/A

BBDC Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$7.8M-20.5%	$9.8M-1.5%	$10.0M+0.7%	$9.9M+9.0%	$9.1M+57.0%	$5.8M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$85.1M-0.5%	$85.5M+1.0%	$84.7M+49.0%	$56.9M+72.2%	$33.0M+66.6%	$19.8M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	$101.9M-7.6%	$110.3M-13.8%	$128.0M+2634.4%	$4.7M-94.0%	$77.7M+850.0%	$8.2M
EPS (Diluted)	$1.12-9.7%	$1.24+3.3%	$1.20+7.1%	$1.12+24.4%	$0.90+40.6%	$0.64

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$2.3M	N/A	$1.9M-17.3%	$2.3M+35.4%	$1.7M	N/A	$2.4M+3.6%	$2.3M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$18.9M	N/A	$21.5M-3.0%	$22.2M+9.8%	$20.2M	N/A	$22.6M+8.6%	$20.8M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	$20.0M	N/A	N/A	N/A	$32.6M	N/A	N/A	N/A
EPS (Diluted)	$0.25-7.4%	$0.27-15.6%	$0.32+14.3%	$0.28+12.0%	$0.25-10.7%	$0.28-3.4%	$0.29-27.5%	$0.40

BBDC Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$2.6B-2.2%	$2.7B+0.7%	$2.7B-1.2%	$2.7B+25.4%	$2.2B	N/A
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$66.8M-26.9%	$91.3M+29.5%	$70.5M-49.4%	$139.4M+65.5%	$84.3M-8.9%	$92.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.5B-2.0%	$1.5B+1.6%	$1.5B-2.4%	$1.5B+7.0%	$1.4B	N/A
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.2B+18.9%	$1.0B+40.4%	$720.6M+0.2%	$719.0M+0.2%	$717.6M	N/A
Total Equity	$1.2B-2.5%	$1.2B-0.5%	$1.2B+0.4%	$1.2B+60.7%	$741.9M+3.4%	$717.8M
Retained Earnings	-$702.3M-6.9%	-$656.7M+0.2%	-$658.0M+0.9%	-$663.8M-132.2%	-$285.8M+7.8%	-$310.0M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$2.6B-1.4%	$2.6B-6.6%	$2.8B+1.0%	$2.8B+0.1%	$2.8B+3.5%	$2.7B+3.5%	$2.6B+0.1%	$2.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$95.7M+43.3%	$66.8M-19.7%	$83.2M+68.9%	$49.3M-51.0%	$100.6M+10.2%	$91.3M+38.4%	$66.0M-21.8%	$84.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.4B-2.0%	$1.5B-10.8%	$1.7B+2.3%	$1.6B+0.9%	$1.6B+6.5%	$1.5B+6.7%	$1.4B+0.6%	$1.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.1B-6.8%	$1.2B-4.9%	$1.3B+23.9%	$1.0B+0.3%	$1.0B+0.6%	$1.0B-0.9%	$1.0B+1.2%	$1.0B
Total Equity	$1.2B-0.6%	$1.2B-0.5%	$1.2B-0.8%	$1.2B-1.1%	$1.2B-0.1%	$1.2B-0.3%	$1.2B-0.6%	$1.2B
Retained Earnings	-$709.5M-1.0%	-$702.3M-3.6%	-$677.9M-1.4%	-$668.9M-1.8%	-$656.8M0.0%	-$656.7M-0.2%	-$655.1M-0.8%	-$649.7M

BBDC Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$160.5M+31.4%	$122.2M+58.8%	$76.9M-10.8%	$86.3M+121.8%	-$396.6M-81.8%	-$218.1M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	-$185.1M-82.6%	-$101.3M+30.5%	-$145.8M-368.8%	-$31.1M-108.0%	$388.3M+34.5%	$288.6M
Dividends Paid	$125.2M+13.8%	$110.1M+1.0%	$109.0M+16.3%	$93.7M+75.0%	$53.6M+71.0%	$31.3M
Share Buybacks	$6.3M-1.4%	$6.4M-56.4%	$14.8M-54.0%	$32.1M	$0-100.0%	$7.1M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$68.0M-66.8%	$204.5M+1141.3%	$16.5M+131.3%	-$52.7M-580.0%	-$7.8M+82.8%	-$45.2M-287.3%	$24.1M-82.6%	$138.3M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	-$39.1M+82.3%	-$221.0M-1364.9%	$17.5M+1189.2%	$1.4M-92.0%	$17.0M-75.8%	$70.5M+265.9%	-$42.5M+64.0%	-$118.1M
Dividends Paid	$27.2M-0.4%	$27.3M-16.1%	$32.6M-0.1%	$32.6M-0.1%	$32.7M+19.1%	$27.4M-0.2%	$27.5M-0.1%	$27.5M
Share Buybacks	$0-100.0%	$4.0M	$0-100.0%	$888K-38.8%	$1.5M-1.2%	$1.5M-25.0%	$2.0M+2.6%	$1.9M

BBDC Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	8.8%-0.5pp	9.3%-1.4pp	10.7%+10.3pp	0.4%-10.1pp	10.5%+9.3pp	1.1%
Return on Assets	3.9%-0.2pp	4.1%-0.7pp	4.8%+4.6pp	0.2%-3.4pp	3.6%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.04+0.2	0.85+0.2	0.600.0	0.60-0.4	0.97	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	1.7%	N/A	N/A	N/A	2.7%	N/A	N/A	N/A
Return on Assets	0.8%	N/A	N/A	N/A	1.2%	N/A	N/A	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.97-0.1	1.04-0.0	1.08+0.2	0.87+0.0	0.860.0	0.850.0	0.85+0.0	0.84
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

Is Barings Bdc Inc profitable?

Yes, Barings Bdc Inc (BBDC) reported a net income of $101.9M in fiscal year 2025.

How much debt does Barings Bdc Inc have?

As of fiscal year 2025, Barings Bdc Inc (BBDC) had $66.8M in cash and equivalents against $1.2B in long-term debt.

Does Barings Bdc Inc pay dividends?

Yes, Barings Bdc Inc (BBDC) paid $1.19 per share in dividends during fiscal year 2025.

What is Barings Bdc Inc's return on equity (ROE)?

Barings Bdc Inc (BBDC) has a return on equity of 8.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Barings Bdc Inc's operating cash flow?

Barings Bdc Inc (BBDC) generated $160.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Barings Bdc Inc's total assets?

Barings Bdc Inc (BBDC) had $2.6B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Barings Bdc Inc buy back shares?

Yes, Barings Bdc Inc (BBDC) spent $6.3M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Barings Bdc Inc have outstanding?

Barings Bdc Inc (BBDC) had 105M shares outstanding as of fiscal year 2025.

What is Barings Bdc Inc's debt-to-equity ratio?

Barings Bdc Inc (BBDC) had a debt-to-equity ratio of 1.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Barings Bdc Inc's return on assets (ROA)?

Barings Bdc Inc (BBDC) had a return on assets of 3.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Barings Bdc Inc's Piotroski F-Score?

Barings Bdc Inc (BBDC) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Barings Bdc Inc's earnings high quality?

Barings Bdc Inc (BBDC) has an earnings quality ratio of 1.58x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Barings Bdc Inc?

Barings Bdc Inc (BBDC) scores 19 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.